Recap: Energous Q2 Earnings

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Energous WATT reported its Q2 earnings results on Wednesday, August 10, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Energous beat estimated earnings by 12.5%, reporting an EPS of $-0.07 versus an estimate of $-0.08.

Revenue was up $48 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 2.99% drop in the share price the next day.

Here's a look at Energous's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.08 -0.10 -0.15 -0.12
EPS Actual -0.09 -0.13 -0.14 -0.18
Revenue Estimate 200K 500K 400K 350K
Revenue Actual 215K 225K 201K 184K

To track all earnings releases for Energous visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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